Block of flats for sale

Church Street, Liskeard PL14

For sale by auction: To be sold by public auction on the owner's instruction. A freehold block of five flats in need of modernisation and repair with a gross annual yield of £28,584 (15%) when fully tenanted and located in historic Liskeard, Cornwall. It comprises of a tenanted ground floor studio maisonette, a vacant ground floor one-bedroom flat, a tenanted one-bedroom first-floor flat, a tenanted two-bedroom first-floor flat and a tenanted two bedroom second-floor flat. To be sold via online bidding on Friday, 25 April 2025.

To view
The property can be viewed by booking onto one of the advertised managed block viewings. Once you have registered to bid by setting up your online bidding account, you will be emailed a Calendly link to do this. Each block viewing is strictly 30 minutes, and no ad hoc viewings will be available. In most cases, a video tour will be available.

Description
Five flats, freehold, central Liskeard, Cornwall

Location
Liskeard, Cornwall, South West England, 0.3 miles to Liskeard railway station

Accommodation
Flat 1: First floor, one bedroom (3.086m x 2.581m), shower room (2.489m x 1.689m), living room (3.337m x 4.492m), kitchen (2.043m x 2.534m) approx. 420 sqft

Flat 2: First floor, two bedrooms (3.761m x 2.922m, 4.987m 3.335m), living room (4.159m x 3.782m), kitchen (2.408m x 3.710m), shower room (1.644m x 1.770m), approx. 775 sqft

Flat 3: Second floor, two bedrooms (3.676m x 3.574m, 4.187m x 2.258m), living room (4.85m x 3.857m), kitchen (2.207m x 3.741m), shower room (2.321m x 1.832m), approx. 678 sqft

Flat 4: Ground floor, reception (2.051m x 4.418m), studio living area (4.009m x 4.403m), kitchen, shower room (1.324m x 3.147m), WC, approx. 323 sqft

Flat 5: Ground floor, living room (3.249m x 3.265m), bedroom (2.346m x 3.232m), shower room (1.216m x 3.192m), approx. 258 sqft

Outside
Side aspect bricked patio area over two levels

Tenure
Freehold

Assured Shorthold Tenancy Rent Schedule:
Flat 1: Vacant
Flat 2: £519.75 pcm
Flat 3: £456.75 pcm
Flat 4: £498.75 pcm
Flat 5: £456.75 pcm
Note: The signed tenancy agreement rental amounts differ for certain flats due to Section 13 rent increases over time (see legal documents)

EPC rating
Flat 1: E
Flat 2: E
Flat 3: E
Flat 4: E
Flat 5: D

Local Authority
Cornwall Council
Council tax band: A (all flats)
Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by eSale. We recommend purchasers arrange for a qualified person to check all appliances/services before making any legal commitment.